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Baby boomers fueling wave of entrepreneurship

EDITOR'S NOTE _ Aging America is a joint AP-APME project examining the aging of the baby boomers and the impact that this so-called silver tsunami has had on society

ARLINGTON HEIGHTS, Ill. — Every passing month and unanswered resume dimmed Jim Glay's optimism more. So with no job in sight, he joined a growing number of older people and created his own.

In a mix of boomer individualism and economic necessity, older Americans have fueled a wave of entrepreneurship. The result is a slew of enterprises such as Crash Boom Bam, the vintage drum company that 64-year-old Glay began running from a spare bedroom in his apartment in 2009.

The business hasn't made him rich, but Glay credits it with keeping him afloat when no one would hire him.

"You would send out a stack of 50 resumes and not hear anything," said Glay, who had been laid off from a sales job. "This has saved me."


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